CAPITAL SFB’s Q2 net profit up by 32 %

Total Business (advances and deposits) increased to Rs12,866 crore in HY1-FY 2024; ROE and ROA has increased to 16.45% and 1.29% respectively

Sarvjit Singh Samra, MD & CEO of Capital Small Finance Bank

FinTech BizNews Service   

Mumbai, November 9, 2023: Capital Small Finance Bank Limited, India’s first small finance bank to commence operations in 2016 announced its un-audited financial results for the half year ended September 30, 2023. Total business (advances and deposits) in HY1 –FY 2024 was Rs. 12,866 crore with PAT of Rs. 54.39 crores driven by growth in gross advances and deposits and positive outlook in its market area. 

Sarvjit Singh Samra, MD & CEO of Capital Small Finance Bank said, "We are thrilled to announce that we have been able to showcase growth as a bank. This growth is a testament to the dedication and hard work of our team, the strength of our business model, and the loyalty of our customers. Amidst challenging macro environment, tighter liquidity and persistent inflation, we have been able to sustain our growth. We remain committed to continued growth and innovation as we move forward." 


  • Total Interest earned increased by 20.35 % Y-o-Y to Rs. 386 crores;
  • Profit After tax Increased by 32.37 % Y-o-Y to Rs. 54.39 crore;
  • ROA has increased from 1.10% to 1.29% Y-o-Y basis.
  • ROE has increased from 15.32% to 16.45% Y-o-Y basis.
  • Net Worth has crossed Rs. 700 crores to Rs. 711.756 crores.
  • Total [Business] has crossed Rs. 12,800 crores with Gross Advances at Rs. 5865.94 crores and Deposits at Rs. 7000.29 crores.
  • Net NPA was at 1.36 %.
  • CRAR was 20.72% with Tier I at 15.26%.

The Bank offers a range of banking products on the asset and liability side. Its asset products primarily include agriculture loans, MSME and trading loans (working capital, machinery loans etc.) and mortgages (housing loans and loans against property). It targets to be the primary banker to its customers and endeavour to achieve this objective through a mix of (i) suite of product offerings; (ii) customer service orientation; (iii) deeply entrenched physical branch network; and (iv) evolving digital channels of service delivery.

Capital Small Finance Bank is a bank headquartered at Jalandhar, Punjab, India. Capital Small Finance Bank Limited started operations as India's 1st Small Finance Bank on April 24, 2016 after conversion from Capital Local Area Bank. Prior to conversion to a Small Finance Bank, Capital Local Area Bank was operating as India's largest local area bank. The core strategy of the bank is to build a retail focused banking franchise by enabling access for middle income group customers to affordable credit in the states the Bank operates, a diversified and secured advances portfolio, retail focused liability franchise and customer centric approach.

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